Robert J. Thomson - 15 Aug 2022 Form 4 Insider Report for NEWS CORP (NWSA)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: NWSA
Reported as of: 15 Aug 2022
Net transaction value: -$18,968,777
SEC form: 4
Accepted by SEC: 17 Aug 2022, 16:16:06 UTC
Prior SEC filing: 08 Aug 2022
Next SEC filing: 13 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Kenneth C. Mertz as Attorney-in-Fact for Robert J. Thomson

Key filing fact

Robert J. Thomson filed Form 4 for NEWS CORP (NWSA) on 17 Aug 2022.

Key facts

This page summarizes Robert J. Thomson's Form 4 filing for NEWS CORP (NWSA).
13 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 17 Aug 2022, 16:16.

Change

Previous filing in this sequence was filed on 08 Aug 2022.
Current net transaction value: -$18,968,777.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NWS transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +941,715
Change %
Price
Shares after: 941,715
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F1, F2

NWS transaction

Class A Common Stock

Tax liability

Transaction value: $9,806,099
Shares: -520,770
Change %: -55%
Price: $18.83
Shares after: 420,945
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F3

NWS transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $7,926,394
Shares: -420,945
Change %: -100%
Price: $18.83
Shares after: 0
Date: 15 Aug 2022
Ownership: Direct

NWS transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +39,918
Change %
Price
Shares after: 39,918
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F4, F5

NWS transaction

Class A Common Stock

Tax liability

Transaction value: $415,672
Shares: -22,075
Change %: -55%
Price: $18.83
Shares after: 17,843
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F3

NWS transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $335,984
Shares: -17,843
Change %: -100%
Price: $18.83
Shares after: 0
Date: 15 Aug 2022
Ownership: Direct

NWS transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +25,737
Change %
Price
Shares after: 25,737
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F4, F5

NWS transaction

Class A Common Stock

Tax liability

Transaction value: $268,007
Shares: -14,233
Change %: -55%
Price: $18.83
Shares after: 11,504
Date: 15 Aug 2022
Ownership: Direct
Footnotes: F3

NWS transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $216,620
Shares: -11,504
Change %: -100%
Price: $18.83
Shares after: 0
Date: 15 Aug 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NWS transaction Derivative

Cash-Settled Performance Stock Units

Options Exercise

Transaction value
Shares: -941,715
Change %: -100%
Price
Shares after: 0
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 941,715
Exercise price
Footnotes: F1, F2, F6

NWS transaction Derivative

Cash-Settled Restricted Stock Units

Options Exercise

Transaction value
Shares: -39,918
Change %: -50%
Price
Shares after: 39,920
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 39,918
Exercise price
Footnotes: F4, F5, F7

NWS transaction Derivative

Cash-Settled Restricted Stock Units

Options Exercise

Transaction value
Shares: -25,737
Change %: -33%
Price
Shares after: 51,479
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 25,737
Exercise price
Footnotes: F4, F5, F7

NWS transaction Derivative

Cash-Settled Restricted Stock Units

Award

Transaction value: $0
Shares: +127,456
Change %
Price: $0.000000
Shares after: 127,456
Date: 15 Aug 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 127,456
Exercise price
Footnotes: F7, F8, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Includes dividend equivalents accrued during the performance period that are subject to the same performance-based and time-based vesting conditions as the underlying cash-settled performance stock units.

Footnote F2

The cash-settled performance stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.

Footnote F3

Represents shares withheld upon vesting of applicable incentive award to satisfy tax withholding obligations.

Footnote F4

Includes dividend equivalents accrued during the vesting period that are subject to the same time-based vesting conditions as the underlying cash-settled restricted stock units.

Footnote F5

The cash-settled restricted stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.

Footnote F6

Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.

Footnote F7

Each cash-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.

Footnote F8

The cash-settled restricted stock units were granted as part of the Reporting Person's fiscal 2023 long-term equity incentive award.

Footnote F9

The cash-settled restricted stock units will vest in thirds on August 15, 2023, 2024 and 2025, subject to time-based vesting conditions.